Wealth & Asset Management - Risk Consulting, Manager

This position could be located in NY (primary), NC, MA.

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!

The opportunity   

Play a role defining the evolution of financial crimes compliance while helping financial institutions combat global illicit finance. Join our industry-defining team of professionals focused on anti-money laundering, sanctions compliance, counter-terrorist financing, and financial intelligence matters, specifically for Wealth Management and Asset Management clients. We use unparalleled insights into financial crimes issues, gained through work with diversified financial institutions, to rebuild compliance programs, implement critical enhancements, and respond to regulatory attention. Your role will be driven by our clients’ needs and by your ability to develop new offerings and unique insights about the financial crimes compliance industry.  You’ll work within a fast-changing regulatory environment to develop, validate and share perspective on the application of new regulatory rules, and serve clients in those topical areas.

You’ll work with colleagues, including career consultants, former industry professionals, veterans, regulators, governmental officials, intelligence analysts, and technology advisors. You’ll bring previous insight and experience. We’re committed to providing meaningful on-the-job coaching and training to further bolster your development.   

Your key responsibilities   

Fostering an innovative and inclusive environment while playing an active role in counselling and mentoring junior colleagues. Driving high quality work products within expected timeframes and budget. Monitoring progress, managing risks and ensuring key stakeholders are kept informed on progress and outcomes. Building and growing relationships with wealth and asset management clients and throughout the financial crimes compliance industry. Developing relationships across all EY practices to serve client needs. Understanding and being able to analyze key aspects of anti-money laundering, sanctions, and other financial crimes regulations. Collaborating, both internally and externally, across all three lines of defense to bring compliance solutions that are relevant for clients and their businesses.

Skills and attributes for success   

Managing teams with diverse backgrounds to deliver exceptional quality work to clients. Staying current on business and industry trends relevant to clients, including the latest regulatory developments, industry practices, and government and law enforcement focus on various financial crimes issues. Being innovative and creating thought leadership.   

To qualify for the role, you must have 

• A bachelor’s degree and around 5 years of work experience with financial crimes issues from industry or a regulator; or a graduate degree and 4 years of related experience. 
• A degree in political science, economics, finance, accounting, business, or a related discipline.
• Functional understanding of broker-dealer and registered investment advisor compliance.
• Experience with investment management, fund management or other related competency.
• Analytical skills understanding money laundering trends, sanctions risk, and other financial crimes. 
• Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders. 
• Effective leadership, project management, and teamwork skills. 
• An understanding of financial products and services related to broker/dealers, wealth managers and asset managers. 
• A willingness to travel up to 100% to meet client needs. 

Ideally, you’ll also have 

• Experience related to the operations of asset managers. wealth managers and/or broker/dealers and experience with transaction monitoring, Know Your Customer, or sanctions screening technology systems. 
• Understanding of investor and client onboarding for wealth and investment management.
• Demonstrated experience managing business development opportunities initiatives. 
• Prior experience in consulting is not required. 

What we look for   

You should be ready to quickly juggle multiple responsibilities, including delivery of exceptional quality work to our clients, managing teams, providing coaching and mentorship to junior colleagues, leading client development activities, and taking part in internal firm development, including through recruiting, training, and other initiatives. You’ll be adept at sharing technical knowledge across a variety of anti-money laundering, sanctions, and other financial crimes related topics, drawn from experience, industry study, and a natural curiosity to constantly expand and evolve their personal skillsets.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.